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Health, car theft insurance compensation hits Sh100bn

Britam Holdings Plc Group Managing Director and CEO Tom Gitogo speaks during the release of 2025 half-year financial results on August 29, 2025.

Photo credit: File | Nation Media Group

By  Patrick Alushula

Business Reporter

Nation Media Group

A surge in medical bills, road accidents and car thefts drove insurance claims above the Sh100 billion mark for the first time last year amid fears premiums could spike.

The latest Insurance Regulatory Authority (IRA) analysis shows medical claims rose 17.9 percent to Sh52.61 billion and compensation from accidents and stolen cars increased 12.4 percent to Sh40.1 billion.

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